What's everyone's opinion of ANACS?

Brianruns10 · May 18, 2004 5:02AM

Sure, its no PCGS or NGC, but from my own experience, and from reading about others, ANACS seems like a perfectly fine alternative to the pricier NGC and PCGS. Opinions? Agree? Disagree? Why?
Best,
BR

Russ · May 18, 2004 5:04AM

Personally, I love ANACS. In my favorite area of collecting, they are very conservative.

Russ, NCNE

JrGMan2004 · May 18, 2004 5:06AM

ANACS is a solid 3rd place. They are great for Problem Coins, Varieties, Errors, VAMs, and their Ultra-Deep Mirror Morgans are awesome. They are generally better than PCGS DMPL Morgans, because DMPL at PCGS is 8" depth, UDMPL at ANACS is 12" depth. So they tend to be awesome. ANACS Econ is worse than PCGS, but their 5-day service at $20 is a much better alternative. ANACS generally doesn't get as much money at auction as PCGS or NGC, except certain coins, like the Ultra-Deep Mirror Morgans...

nOoBiEeE · May 18, 2004 5:06AM

Simply put, I would not hesitate in buying an ANACS graded coin. I have heard good things about them and their grading standards.

Rampage · May 18, 2004 5:08AM

Do a search on the forums for ANACS with me as the author. You will see that many times I have had much praise for ANACS. I love them. However, there are a couple of folks who will buy, sell, trade nothing but PCGS coins. But, I love ANACS.......Oh I already said that.

braddick · May 18, 2004 5:14AM

ANACS is brutal these days on anything with color.

Outside of that? They're just simply not as well respected when it comes time to sell which, with some series, for the SELLER, is a shame.

paigowjohnny · May 18, 2004 5:17AM

I like ANACS !! Never use their economy service though...pay the few extra bucks for the 5 day service.
Right now, they fall in third place amongst the "knowledgable collectors" (partially tongue in cheek)...but that is one man's opinion.

billboat · May 18, 2004 5:29AM

I use ANACS and really like the service. I've got about 80 ANACS slabbed Morgans plus 15 or so other denominations and am happy with the grades--they seem very fair. I've unfortunately had 6 or 7 net graded but I certainly prefer that to a BB. I agree that their regular service or periodic specials like "9 silver dollars/9 days/$9" is the way to go.

LanLord · May 18, 2004 5:38AM

I like them just fine, but their smaller size slabs fall around inside the containers that I hold my certified coins in. But that's not a real big complaint.

Barry · May 18, 2004 5:43AM

ANACS doesn't get the respect it deserves.

BillJones · May 18, 2004 5:52AM

Yup!

ANACS is a real solid #3 grading service. For certain coins they are just good as the big guys.

GoldCoinLover · May 18, 2004 6:18AM

ANACS is great because its the only major grading service to slab problem coins. Their slabs are also a more small convienent size (except when you want to stack them with PCGS or NGC slabs). I rate them #1 on problem coins and authetication, and #3 overall.

relayer · May 18, 2004 6:27AM

They are the only game in town for problem coins.

I trust an ANACS slab without notation to not be a problem coin, so I put them pretty much on the same level as PCGS and NGC.

I've submitted 10 ANACS coins raw to PCGS and NGC , 2 came back higher, 6 the same and 2 1 point lower.

Rampage · May 18, 2004 6:34AM

<< ANACS is great because its the only major grading service to slab problem coins. >>

Not true. NGC's NCS company authenticates and slabs them as well.

rottnrog · May 18, 2004 6:39AM

<< 

<< ANACS is great because its the only major grading service to slab problem coins. >>

Not true. NGC's NCS company authenticates and slabs them as well. >>

NCS authenticates but doesn't grade them, do they????

marmac · May 18, 2004 6:41AM

I like Anacs - Especially their holder.I wish PCGS and NGC had a holder the size of ANACS. They take up less room and that is important to me.

Brianruns10 · May 18, 2004 6:53AM

Unfortunately, because of ANACS' small size, they can't grade $50 slugs. Oh well, I guess I'll have to keep that box of Pan-Pac $50 commems under my bed!

goose3 · May 18, 2004 6:57AM

<< 

<< 

<< ANACS is great because its the only major grading service to slab problem coins. >>

Not true. NGC's NCS company authenticates and slabs them as well. >>

NCS authenticates but doesn't grade them, do they???? >>

YES, they will grade them such as EF details, scratched. They DO NOT NET GRADE. I do not like "net" grading.

eagle7 · May 18, 2004 7:10AM

<< Sure, its no PCGS or NGC, but from my own experience, and from reading about others, ANACS seems like a perfectly fine alternative to the pricier NGC and PCGS. Opinions? Agree? Disagree? Why?
Best,
BR >>

It seems that you are saying that ANACS coins are cheaper to buy. On average that is true, one has only to look at the blue sheet and the auction results to see the truth of this statement. That is why you like ANACS. That is why I dont like them. If the coin is equal to an NGC or a PCGS coin in a given grade, then it should be in one of their holders. I buy ANACS sight seen, but only when I am sure that the coin will move to a top tier holder at the same grade. JMHO

Brianruns10 · May 18, 2004 7:42AM

Eagle7,
I don't buy slabs. I buy coins. The coin could be an ACG for all I care. As long as the price is good, and the coin looks good for me, I'll get it. My question was because I'm looking at getting some coins slabbed and it seems like PCGS and NGC, knowing they have the market cornered, figure they can charge more and take longer to grade coins, so I was gathering feedback on everyone's opinion of ANACS. And based on that opinion, I will give ANACS my business, because they know how to cater to the customer.
Best,
BR

Jaywalker · May 18, 2004 8:03AM

I like the fact that they give free opinions at shows. That's a great public service.

I also like the smaller holders. There's no need for holders to be bigger than that. They would be even better if they used clear plastic like PCGS.

I also like that my coins will get slabbed even if they have a problem.

JoyofCollecting · May 18, 2004 8:07AM

I like ANACS.

LanLord · May 18, 2004 8:36AM

<< Unfortunately, because of ANACS' small size, they can't grade $50 slugs. Oh well, I guess I'll have to keep that box of Pan-Pac $50 commems under my bed! >>

I'd love to experience this problem.

PCBUM · May 18, 2004 8:39AM

<ANACS seems like a perfectly fine alternative to the pricier NGC and PCGS.>

I really like ANACS for grading errors. I think they are the best at that..........

eagle7 · May 18, 2004 8:41AM

<< Eagle7,
I don't buy slabs. I buy coins. The coin could be an ACG for all I care. As long as the price is good, and the coin looks good for me, I'll get it. My question was because I'm looking at getting some coins slabbed and it seems like PCGS and NGC, knowing they have the market cornered, figure they can charge more and take longer to grade coins, so I was gathering feedback on everyone's opinion of ANACS. And based on that opinion, I will give ANACS my business, because they know how to cater to the customer.
Best,
BR >>

BR, Im sorry, I misunderstood you twice. You are shopping for cheaper plastic to store your raw coins in, not to sell them. I dont know what price ANACS charges for slabbing because I dont use them for my raw coins. I use only PCGS. The other thing I misunderstood is that I thought you asked for all opinions, either pro or con, but apparently you did not.
Regards
Mark Fitts "Eagle7"

nwcs · May 18, 2004 8:48AM

If you don't want to buy the professional opinion you can always buy the coinworld slabs. They are essentially similar to anacs holders and are like $4 for 3.

Dave99B · May 18, 2004 8:52AM

I like ANACS, especially for circulated material. Fair prices, decent service. Sure, they overgrade occasionally, but who doesn't?

On the other hand, I don't like NET grading. I think it's silly. What the heck does "AU Details, NET XF40" really mean? Does it mean it's worth XF money? If so, according to who? Santa Claus? Like I said, silly...

Overall, a good outfit.

Dave

RR · May 18, 2004 9:17AM

Hi Brianruns10:

Like Barry, I don't think ANACS gets the respect it deserves.
I think ANACS has tighted up their grading the past few months.
My recent comparison of submissions between ANACS and PCGS tells me that.
I like their prices, their special package deals, and their smaller slab size.

RR

goose3 · May 18, 2004 9:24AM

<< On the other hand, I don't like NET grading. I think it's silly. What the heck does "AU Details, NET XF40" really mean? Does it mean it's worth XF money? If so, according to who? Santa Claus? Like I said, silly...

Overall, a good outfit.

Dave >>

Exactly Dave. ANACS is saying that the coin is worth XF money. I too highly dislike the "net" grading and would use NCS for anything that I knew to be a "problem" coin.

SethChandler · May 18, 2004 9:34AM

For what its worth, I like their holders the best.

Dave99B · May 18, 2004 9:36AM

Goose - That's what makes it silly. How many smart folks on this board would trade an original XF Seated Half dollar for a cleaned AU example of the same date?

Answer: 0

Dave

flaminio · May 18, 2004 9:36AM

<< On the other hand, I don't like NET grading. I think it's silly. What the heck does "AU Details, NET XF40" really mean? Does it mean it's worth XF money? >>

More or less, yes, that's what it means. And don't think that only ANACS does net grading -- PCGS and NGC do as well, they just don't call it net grading, they call it "market grading". Conceptually, there's little difference -- net grading applies to problem coins, market grading to non-problem coins. Both assign a grade based on how much the coin is worth, and not the absolute condition of the coin ("technical grading").

nwcs · May 18, 2004 9:40AM

True, PCGS and NGC both do net grade. Just not to the same extent in that they limit their net grading to a certain extent. I suppose that's why I like the details grade and let me as the consumer decide how much it's worth to me. My net grade probably won't match another person's net grade.

tsacch · May 18, 2004 10:00AM

I have had no problems with Anacs. I used to submit coins to them and always did well with errors like double eyes, double monticello nickles and such....they were tough on some of the barbers i submitted, but its been a few years. I like t he small holders and their grading is in line with ngc and a little looser than pcgs........imho.

tom

Kriek · May 18, 2004 10:07AM

4 or 5 bad experiences with ANACS - never again.

Gandyjai · May 18, 2004 11:37AM

I only send in coins to two places....PCGS and ANACS.
I also like the way ANACS and PCGS shows up at shows and has someone to not only take submissions,
but to take time and explain things to me.

Gandyjai

dorkkarl · May 18, 2004 9:31PM

since i've only really used plastic for authentication/attribution, anacs works best for me.

K S

EvilMCT · May 18, 2004 10:59PM

I like them better than the others for attribution purposes. I also do not have a problem with their grading (mostly). I loathe their holders.

Ken

Barry · May 19, 2004 12:17AM

<< Goose - That's what makes it silly. How many smart folks on this board would trade an original XF Seated Half dollar for a cleaned AU example of the same date?

Answer: 0

Dave >>

To paraphase Bill Clinton, it depends how you define the word cleaned. Don't forget there's "good cleaning" (oops, I mean conserving) and "bad cleaning" and all sorts of cleaning in between.

IMO, ANACS is often overly harsh by using the word cleaned. Any kind of cleaning, they call it cleaned, and they differentiate the type of cleaning by the net grade. For example, I've seen ANACS coins graded AU-50 Cleaned, net AU; and I've seen ANACS coins AU-50 net F.

OTOH, NGC and PCGS just net grade "acceptably" cleaned coins without mentioning a technical grade, just a net grade. For example:

The picture isn't the best (short on time this morning), but this coin has XF-40 detail and is harshly cleaned. Why did PCGS grade it at all, instead of body bagging it? Obviously, the pedigree. So what did they do? They net graded it.

Dave99B · May 19, 2004 2:54AM

I still don't want "well-cleaned" coins in my collection (if there is such a thing). But that's just my opinion.

I'd prefer an original FINE 1892 quarter over a "well-cleaned" EXTRA FINE 1892 quarter. Call me crazy!

Dave

WaterSport · May 19, 2004 3:42AM

Well I have always liked and trusted ANACS. I think they are right on with their grading. I just sent in 8 coins for crossover and 4 variety errors to them, which they got today. This is my first time using their grading service it will be interesting to see what I get back.

WS

Manorcourtman · May 19, 2004 3:58AM

Very tough but fair on copper and excellent service with error/varities. Two thumbs up! Chris

What's everyone's opinion of ANACS?

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